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Topic: Gold & Silver are safe than bank deposits ?? - page 15. (Read 19247 times)

full member
Activity: 1414
Merit: 228
Omicron is another FUD
September 05, 2018, 08:07:40 AM
when investing in the bank and usually in the form of money and money from time to time of course will be less in value. perhaps in my opinion it would be more profitable to make gold or silver as an investment. because its exchange rate has never decreased
true if the exchange rate of gold and silver is difficult to decrease, but the results we get also depend on how much we have, if we have a little gold and silver then the profits we get are also small... to be honest, I feel more profitable deposits in banks than invest in gold and silver...
hero member
Activity: 756
Merit: 505
September 05, 2018, 07:58:29 AM
if the countries are strong, they will be strong in the banks. If governments are reliable, the banks are safe. banks and deposit accounts are not safe if they are at risk.
it makes more sense to keep the money in gold. because gold is a mine all over the world. It's been like this for thousands of years.
newbie
Activity: 140
Merit: 0
September 05, 2018, 05:21:29 AM
Yes,  while many people assume their assets are protected, there have been historical instances where governments have seized citizen property stored in banks.

I agree. Gold and silver are still better than banks because it rise constantly, unlike in the banks that it differs on what plan, on which bank, and other factors. Still it is best to invest in cryptocurrency because of the potential of growing and also this is the future of all of us, the digital currency.

they are commodity assets that will be most valuable if fiat experiences tremendous chaos, which all connotes the internet and banking will also be problematic if world war occurs.

it is better for us to keep paying attention to them because it can be an efficient barter tool in all undesirable conditions, value growth is also higher due to various factors.
newbie
Activity: 34
Merit: 0
September 05, 2018, 04:18:26 AM
Gold and silver cannot be safe. There many reasons available. Even Platinum also. So before deposit think that, your way is right. It will help you a lot.
member
Activity: 400
Merit: 59
September 05, 2018, 04:15:48 AM
Yes,  while many people assume their assets are protected, there have been historical instances where governments have seized citizen property stored in banks.

I agree. Gold and silver are still better than banks because it rise constantly, unlike in the banks that it differs on what plan, on which bank, and other factors. Still it is best to invest in cryptocurrency because of the potential of growing and also this is the future of all of us, the digital currency.
sr. member
Activity: 672
Merit: 250
September 05, 2018, 04:14:38 AM
I think gold and silver are safe. Because gold and silver have become investments from a long time ago. And I think it's safe and the value will always rise even though slowly. gold and silver are popular investments and I think it's safe for the future.
certainly safe because from the past until now the investment in gold and silver was highly relied on by investors and the risk was not too large compared to the risk of investing in the bank
member
Activity: 322
Merit: 16
September 05, 2018, 04:14:12 AM
the gold and silver is safe to invest but i think deposit is more safer cause thebank give us a fixed deposit bank interest  at the first time we doing deposit
newbie
Activity: 28
Merit: 0
September 05, 2018, 04:09:05 AM
I think investing gold and silver is better than sending money to banks because the interest rates are very low, if you want the best you should invest in doing business, and I'm investing in BTC.
member
Activity: 798
Merit: 10
September 03, 2018, 09:07:08 PM
Gold is preserve of wealth and store of value. After 100 years of industrial revolution, Gold has seen and survived many wars, economic crashes, 9/11 terrorist attacks, economic booms, technology revolutions and more..

Gold is hedge against inflation and protects people's wealth during wars, natural disasters [earthquakes etc..], economic crisis

Gold and silver more resistance againts inflation. Gold known for centuries as safest investment and to survive when economic crisis come. I think Gold and Silver price right now undervalue and its good to invest on gold and silver beside crypto
jr. member
Activity: 280
Merit: 1
September 03, 2018, 05:23:35 PM
Aside from the theif events , usually gold and silver investments are safer than bank deposits , money in the bank is still risky because you are not the one who holds it and manage it, while gold and silver you are the one who manage to store your gold and silver, bank deposits anytime would declare bunkruptcy.
newbie
Activity: 29
Merit: 0
September 03, 2018, 04:44:42 PM
Yes, of course, Gold & Silver are safer than bank deposits. Investment in precious metals does not experience a shift or change in quality, gold values remain high, the risk of gold investment is quite low because the price is relatively stable, and they do not cause additional costs
newbie
Activity: 234
Merit: 0
September 03, 2018, 04:31:29 PM
Gold and silver are actually better money than fiats kept in the banks as they can be easily redeem to real assets and do not lose value due to inflationary pressures
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
September 03, 2018, 04:29:00 PM
At a certain point yes, they are safer. But you can be easily robbed if you invest in gold and silver in my opinion. Also world economical crisis may contribute to the golds price.
But for me investing in things like gold and silver is connected to bigger profits than investing to anything that bank could offer to use.
member
Activity: 266
Merit: 32
September 03, 2018, 03:57:46 PM
Banks in Mongolia pay 15% p.a interest. In Brazil banks pay 13% p.a interest. Now with a single giant bank having $2,000,000,000,000 assets, banks are paying less than 7% p.a interest to feed their super-high profits of $10 billion/year or so..
full member
Activity: 378
Merit: 100
When Football meets Crypto
September 03, 2018, 05:28:44 AM
Gold and silver are the two oldest commodities that have been used for investment thousands of years ago, when the prices of all world commodities such as oil, coffee, stocks and so on dropped during the war, gold and silver were not affected and could survive in difficult conditions such as economic recession world until world war.

In my own opinion, gold and silver are a very good asset aside from cryptocurrency because its value is also continuously growing.
member
Activity: 167
Merit: 10
September 03, 2018, 05:26:59 AM
Is the profit from gold and silver investment stable? if it is more profitable, why until now there are many people who still prefer to deposit their money rather than investing it in gold / silver?
newbie
Activity: 31
Merit: 0
September 03, 2018, 04:57:38 AM
Well, The prospect of higher returns always brings with it the risk of potential losses -- the polar opposite of what we expect from our savings. In the end, the best approach is the time-worn one -- the one that comes down to us through the centuries. It is the most direct, the easiest to understand, and for the past 10 years it has been the most reliable. The best way is to save gold.
member
Activity: 569
Merit: 10
September 03, 2018, 04:42:00 AM
Gold and silver are the two oldest commodities that have been used for investment thousands of years ago, when the prices of all world commodities such as oil, coffee, stocks and so on dropped during the war, gold and silver were not affected and could survive in difficult conditions such as economic recession world until world war.
jr. member
Activity: 82
Merit: 1
September 03, 2018, 04:25:28 AM
I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 6.5%.

Gold and Silver gives average profit of 8% to 12% per year. Silver will most likely give 20% to 30% profit each year from here on to reach $60/ounce.

Example:

Profit for gold and silver for year 2016 is 12%.

Profit for gold and silver for year 2017 is 0%

Profit for gold and silver for year 2018 is 8%

Profit for gold and silver for year 2019 is 16%

So average profit for 4 years is +9%


How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??

I agree, in my country mothers prefer gold than fixed deposits, besides the deposit value is very small at this time and the value of the increase in living costs is not worth it. Different if you have more money, you may choose to invest in land or buildings and can be rented. if I choose, I will choose gold investment and property rather than fixed deposit
In terms of security, it is certainly more risky to store inside the house or in a bank safe box, perhaps with insurance (if there is one), more guarantee
Only those people who may not have good knowledge about crypto currencies may be still they are giving more preference to gold and silver, otherwise I do not think that gold and silver or too much attractive to put our money there.
full member
Activity: 287
Merit: 100
September 01, 2018, 03:04:23 PM
I think gold and silver are safe. Because gold and silver have become investments from a long time ago. And I think it's safe and the value will always rise even though slowly. gold and silver are popular investments and I think it's safe for the future.
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